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AM EDITION | FREE
Monday 24th May 2010
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ADELAIDE S ONLINE DAILY NEWSPAPER
CONTACT INDAILY Luke Cussans - Online producer
lcussans@solsticemedia.com.au
Danielle Forsyth - Journalist
dforsyth@solsticemedia.com.au
Melissa Mack - Indaily AM editor
mmack@solsticemedia.com.au
Audra Edginton - Sales
aedginton@solsticemedia.com.au
NEWS IN BRIEF
HENDRIK GOUT
CORRUPT
LAND DEALS
South Australia may be
moving to investigate dodgy
local council land deals.
Mining tax rate
to stay
Resources Minister Martin
Ferguson appears to have
left everything except the
40 per cent rate open for
possible negotiation on the
proposed mining tax.
As the Government waits
for a report from officials'
talks with the mining
companies, Mr Ferguson
said: "There will be a profit-
based tax in Australia, the
headline rate is going to be
40 per cent, but there are
refinements that can be
made.
"
New party for
carers
Stay-at-home parents and
carers would receive the
minimum wage plus
superannuation under a
policy put forward by a
new political party.
The Parents, Families and
Carers Party -- to be
launched today -- will field
Senate candidates in every
state at the next federal
election.
Aged care
changes ahead
Accommodation bonds
now average more than
$212,000 for some nursing
home patients while others
are exempt from bonds -
one of the many quirks of
the Australia's aged-care
system that is about to
come under close scrutiny.
The Productivity
Commission, which has
begun a wide-ranging
inquiry into the aged-care
system, has signalled it is
likely to call for big
changes.
A leading resources
company boss says the
mining industry is willing to
talk to the Federal
Government about a tax
different to Labor's
proposed super profits
impost.
"The key is how you
balance the right amount
of money back to the
citizens versus the
economic return on billions
and billions of dollars of
investment,
" Woodside
chief Don Voelte said today.
Miners and the
Government are at odds
over a plan to introduce a
40 per cent tax on the
so-called super profits of
mining companies from
2012.
Mining companies were
willing to negotiate a
different tax and wanted to
give a fair share back to
Australians, Mr Voelte said.
Mr Voelte's comments
come as the Minerals
Council of Australia
launches a radio advertising
campaign against the tax.
Deputy Prime Minister
Julia Gillard defended the
tax today saying
multinationals such as BHP
Billiton and Rio Tinto pay
just 13 per cent tax.
Domestic mining
companies pay an effective
company tax rate of just 17
per cent, Ms Gillard said.
"This is not a fair share and
that's why we're moving to
introduce the resources
super-profits tax.
"
Miner s fair share